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Northwest Bancshares, Inc.·4

Mar 17, 2:30 PM ET

Bowers Urich T 4

Research Summary

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Northwest Bancshares (NWBI) Urich T. Bowers Receives RSU Award

What Happened
Urich T. Bowers, Chief Cons. Banking / Strat Off at Northwest Bancshares (NWBI), was granted 12,505 restricted stock units (RSUs) on March 13, 2026. The grant is reported as an award/acquisition at $0.00 per share (total reported dollar value $0 at grant). This was a compensation grant, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed on the SEC deadline — timely).
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 12,505 RSUs; acquisition price reported: $0.00; reported aggregate value at grant: $0.
  • Vesting: One-third of the RSUs vest each year beginning March 13, 2027 and on each March 13 thereafter through March 13, 2029.
  • Shares owned after transaction: not specified in the filing.

Context
RSU grants are a form of compensation that typically convert to actual shares only as they vest and may be forfeited if employment conditions are not met. Awards do not by themselves indicate a buy/sell market signal the way open-market purchases or sales do; they reflect company compensation decisions.